KE (BEKE) Scheduled to Post Earnings on Thursday

KE (NYSE:BEKE) will be releasing its earnings data before the market opens on Thursday, November 21st. Analysts expect KE to post earnings of $0.21 per share for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.

KE (NYSE:BEKE) last issued its quarterly earnings data on Monday, August 12th. The company reported $2.28 earnings per share for the quarter, topping the consensus estimate of $0.22 by $2.06. The business had revenue of $23.37 billion during the quarter, compared to the consensus estimate of $21.51 billion. KE had a net margin of 5.32% and a return on equity of 6.74%. The company’s revenue was up 19.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.17 EPS. On average, analysts expect KE to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

KE Price Performance

NYSE BEKE opened at $19.99 on Thursday. KE has a 12 month low of $12.44 and a 12 month high of $26.05. The company has a market capitalization of $24.43 billion, a price-to-earnings ratio of 41.64, a price-to-earnings-growth ratio of 4.48 and a beta of -0.73. The firm’s fifty day moving average price is $19.65 and its 200 day moving average price is $16.95.

Analysts Set New Price Targets

BEKE has been the topic of a number of research analyst reports. Bank of America upgraded KE from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $24.00 to $28.00 in a research report on Wednesday, October 30th. Citigroup initiated coverage on KE in a research report on Tuesday, September 10th. They set a “buy” rating and a $23.80 price target on the stock.

About KE

KE Holdings Inc, through its subsidiaries, engages in operating an integrated online and offline platform for housing transactions and services in the People's Republic of China. It operates through four segments: Existing Home Transaction Services, New Home Transaction Services, Home Renovation and Furnishing, and Emerging and Other Services.